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The Securities and Exchange Board of India (SEBI) is the apex regulator for the securities market with a preamble that affirms its commitment “to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.” In February 2022, the Government announced the appointment of Madhabi Puri Buch,…
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SEBI Chairperson Madhabi Puri Buch. File | Photo Credit: PTI SEBI chief Madhabi Puri Buch and her husband Dhaval Buch on Friday (September 13, 2024) denied a series of allegations of impropriety and conflict of interest levelled by the Congress, saying these are “incorrect, motivated and defamatory”. Buchs said the allegations are based on Income tax returns filed by…
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SEBI Chairperson Madhabi Puri Buch. File | Photo Credit: PTI Hindenburg Research alleged Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch of not responding to “emerging issues”, a day after the Congress alleged her of having 99% stake in a consultancy company that provided services to entities regulated by SEBI. Foreign investors…
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New Delhi: Madhabi Puri Buch, the chairperson of SEBI (Securities and Exchange Board of India), has not been paid any salary since her retirement, ICICI bank said today, denying Congress’s “office of profit” claims. The Congress had alleged earlier today that Ms Buch, who joined SEBI as a member in 2017 and subsequently became its…
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The headquarters of the Securities and Exchange Board of India in Mumbai on April 19, 2023. | Photo Credit: Reuters The story so far: Over a year and a half after U.S.-based Hindenburg Research alleged corporate malfeasance, stock price manipulation and breach of minimum public shareholding norms against the Adani Group of companies, the firm…
Read More “Why is SEBI’s credibility under a cloud? | Explained” »
